New car registrations increased by 26.2% in February, representing a seventh consecutive month of growth, according to new figures released by the Society of Motor Manufacturers and Traders (SMMT).
Total registrations for the month hit 74,441, which is a significant improvement over last year, if down 6.5% on pre-pandemic 2020.
The SMMT said the easing of supply chain and semiconductor shortages contributed to the year-on-year growth, with sales growing by 5.8% for private buyers, and 46.2% for large fleets.
